Mr. Renacci (for
himself, Mr. Ellison,
Mr. Hinojosa,
Mr. Jones, and
Mr. Capuano) introduced the following
bill; which was referred to the Committee
on Financial Services

A BILL

To amend the Fair Credit Reporting Act to clarify Federal
law with respect to reporting positive consumer credit information to consumer
reporting agencies by public utility companies, and for other
purposes.

1.

Short title

This Act may be cited as the
The Credit Access and Inclusion
Act.

2.

Positive credit
reporting permitted

(a)

In
general

Section 623 of the
Fair Credit Reporting Act (15 U.S.C. 1681s–2) is amended by adding at the end
the following new subsection:

(f)

Full-File credit
reporting

(1)

Rule of
construction

Nothing in this Act, or any regulation or rule
established pursuant to this Act, shall be construed as to prohibit a person
from furnishing the following information relating to a consumer to a consumer
reporting agency:

(A)

Identifying
information

A consumer’s full
name, telephone number, mother’s maiden name, address, zip code, date of birth,
any generational designation, social security number, or any other similar
consumer identifiers or combination thereof.

(B)

Transactions or
experiences

Information solely as to transactions or experiences
between the consumer and the person furnishing the information.

(C)

Public
information

Public record information.

(D)

Performance of
consumer

The performance of the consumer’s obligations under a
real property lease, a subscription agreement, or , subject to the limitations
under paragraph (2), an account of a public utility service.

(2)

Limitations

Information
about a consumer’s usage of any public utility service may be furnished to a
consumer reporting agency only to the extent that such information relates to
payment by the consumer for the services of such public utility or other terms
of the provision of services to the consumer, including any deposit, discount,
or the conditions for interruption or termination of the services.

(3)

Public utility
service

For purposes of this subsection, the term public
utility service means an entity that provides utility services to the
public through pipe, wire, or other connected facilities, or radio, electronic,
or similar transmission (including the extension of such facilities), and the
charges for service, delayed payment, and any discount for prompt payment are
filed with or regulated by a government entity.